Monotype Imaging (TYPE) Tops Q2 EPS by 19c, Slight Beat on Revenues; Offers FY18 EPS/Revenue Outlook

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Go back to Monotype Imaging (TYPE) Tops Q2 EPS by 19c, Slight Beat on Revenues; Offers FY18 EPS/Revenue Outlook

Monotype Imaging (TYPE) PT Lowered to $25 at Ladenburg Thalmann

July 27, 2018 1:19 PM EDT

Ladenburg Thalmann lowered its price target on Monotype Imaging (NASDAQ: TYPE) to $25.00 (from $27.50) while maintaining a Buy rating.

Analyst Glenn Mattson noted weaker growth, but better profits.

While profitability is improving, Mattson said they wonder about the sustainability of EBITDA growth... More